On this page of StockholderLetter.com we present the latest annual shareholder letter from EXPEDITORS INTERNATIONAL OF WASHINGTON INC — ticker symbol EXPD. Reading current and past EXPD letters to shareholders can bring important insights into the investment thesis.

 •  3/24/2026 Letter Continued (Full PDF)
 •  3/21/2023 EXPD Stockholder Letter
 •  3/26/2024 EXPD Stockholder Letter
 •  3/25/2025 EXPD Stockholder Letter
 •  More "Airlines" Category Stockholder Letters
 •  EXPD Benford's Law Stock Score = 97

EXPD Shareholder/Stockholder Letter Transcript:

+3%
+72%
-4%


+14%


-46%




+11%


GROSS REVENUES

+6%
+0% +130%
+103%
+14%
-39%
-48%





OPERATING INCOME


DILUTED EPS
+17%
+26%
+3%
+16%

+12%

-9%
+12%
-17%

+7%


-15%
-10%





DIVIDENDS PER SHARE





AIRFREIGHT TONNAGE


OCEAN CONTAINERS


A Letter from the CEO
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3/24/2026 Letter Continued (Full PDF)

 

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